ESG has outgrown a single label — but we’re stuck with it

  • ESG is facing a crisis of confidence driven by marketeers ‘hijacking’ it and conflating ESG & impact
  • The backlash against over-promising & under-delivering has provoked a search for narrower, more limited definitions to redefine and replace ‘ESG’
  • Replacing or restricting ‘ESG’ offers appealing simplicity but creates more issues than it solves, and adding definition within ESG rather than scrapping it is a better path for a maturing market

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Blake Goud

Blake Goud

Promoting adoption of responsible finance in Islamic markets & Islamic finance. CEO @RFIFoundation.